Sungrow Partners with Bouygues to Support 201 MW PV Plant in Vietnam Updated On Thu, Nov 15th, 2018 by Saurenergy The solar project is the largest solar plant in Vietnam, and is currently being developed by a joint venture, BIM Group and AC Energy. One of the leading inverter solution suppliers for renewables Sungrow to partner with Bouygues, a French multinational industrial group, to supply 1500V turnkey container solution, associated SCADA and PPC for a 201 MW […] Read more
Renascent Power to Buy 75% PPGCL under Stressed Asset Resoln Process Updated On Thu, Nov 15th, 2018 by Saurenergy Further, this transaction is the result of stressed asset resolution process initiated by the lenders through a competitive bidding process. Renascent Power Ventures, arm of Resurgent Power, signed a Share Purchase Agreement (SPA) with a consortium of lenders led by State Bank of India (SBI) to acquire 75.01 percent stake in Prayagraj Power Generation Company […] Read more
Azure Q2 Loss Narrows to Rs 29.8 Cr on Revenue from New Projects Updated On Thu, Nov 15th, 2018 by Saurenergy Further, the consolidated operating revenues of the company increased by Rs 40.2 crore, or 22 per cent to Rs 2,22.6 crore during Q2 2018-19, against the same period last year. Leading independent solar power producer Azure Power Global reported its consolidated net loss narrowed significantly to Rs 29.8 crore during the July-September quarter of FY19, driven […] Read more
ENGIE Acquires 90% Stake in Simpa Energy India Updated On Wed, Nov 14th, 2018 by Saurenergy ENGIE has acquired 90 percent stake in Simpa Energy India French clean energy giant ENGIE has acquired a controlling stake in Simpa Energy India Pvt Ltd the company announced. The move is set to expand ENGIE’s geographical footprint and accelerate the company’s growth. ENGIE has acquired 90 percent stake in Simpa Energy India from its […] Read more
INSPIRE 2018 Concludes After Three Days of Insightful Deliberations; Showcased Four Unique & Innovative Solutions for Energy Efficient India Updated On Wed, Nov 14th, 2018 by Saurenergy The three-day International Symposium to Promote Innovation & Research in Energy Efficiency (INSPIRE 2018) concluded in New Delhi, today. Organised by Energy Efficiency Services Limited (EESL), a joint-venture of PSUs under the Ministry of Power, Government of India, and the World Bank, the third edition of INSPIRE witnessed participation from over 300 experts and delegates […] Read more
EDF Renewables Signs Two 20-Yr PPA For Solar+Storage Proj in California Updated On Tue, Nov 13th, 2018 by Saurenergy The Project is slated to achieve commercial operation by the end of 2021. The agreement is for generation and storage of solar energy. EDF Renewables North America signed two 20-years Power Purchase Agreement (PPA) with Silicon Valley Clean Energy (SVCE) purchasing 55 percent of the output, and Monterey Bay Community Power (MBCP) getting the remaining […] Read more
Tata Power-DDL Becomes 1st Utility to Get PEER Gold Certificate in Asia Updated On Mon, Nov 12th, 2018 by Saurenergy Tata Power Delhi Distribution Ltd (Tata Power-DDL) has become the first company in the entire Asian continent to receive PEER (Performance Excellence in Electricity Renewal) Gold Certificate from Green Business Certificate Institute (GBCI). GBCI is the premier organization independently recognizing excellence in green business industry performance and practice globally. The award was presented by Milli […] Read more
EESL, ADB Ink Pact for $13 Mn GEF Grant to Establish EERF Updated On Mon, Nov 12th, 2018 by Saurenergy EERF aims to expand and sustain investments in the energy efficiency market in India, build market diversification, and scale up existing technologies. Towards supporting investments in new, innovative and scalable business models, EESL and Asian Development Bank (ADB) signed an agreement for a Global Environment Facility (GEF) grant of USD 13 million to establish an […] Read more
Fourth Partner Energy Commissions 980 kWp Rooftop Solar Carport for ŠKODA AUTO’s production facility in Aurangabad Updated On Tue, Nov 6th, 2018 by Saurenergy Fourth Partner Energy, India’s leading distributed solar energy company has commissioned a 980-kWp carport for ŠKODA AUTO India Private Ltd. at their manufacturing facility in Aurangabad, Maharashtra. This initiative, built in line with the ‘GREEN FUTURE’ strategy of ŠKODA AUTO and commissioned as part of the ‘INDIA 2.0’ project, is expected to reduce 922 tons […] Read more
